Laguna Madre Bayfront
For Sale
Contact for pricing
206 Mars, South Padre Island, TX 78597
Two contiguous waterfront lots on South Padre Island.
Property SizeContact for details
Lot Size0.29 Acres
Days on Market124
Property Features for 206 Mars
General Information
Standard status
Active
Lot size
0.29 Acres
Property subtype
Land, Multifamily
Listing Agency:
Mission Real Estate Group
(210) 690-0050
Listed By:
Dale Iley · License #TREC # 0554437
Source:
Crexi
Added: Apr 7
Changed: Aug 8
Last Checked: Jul 15 at 8:09PM
Displayed information is deemed reliable but is not guaranteed and should be independently verified. All listing content including descriptions, pricing, images are the copyrighted material of Mission Real Estate Group
Investment Insights
Based on property information with market context.
Two contiguous bayfront lots on the Laguna Madre offer approximately 126 linear feet of bay frontage and direct seawall access. The combined site totals approximately 0.29 acres, which is about 12,955 square feet. Zoned District B under City of South Padre Island Ordinance No. 24-05, the site permits single-family and multifamily uses by right, including a 6-unit multifamily structure. This has been confirmed in writing by the City of SPI Planning Department. No rezoning, variance, or discretionary approval is required. Up to 4 stories are permitted by right, with additional stories achievable via stepped setbacks. The site is positioned for a private bayfront estate or multifamily development. An active USACE pier permit (SWG-2011-00531) covering a 6'82' walkway and 8'54' T-head transfers at closing. Both parcels are sold together.
Key Highlights
- Rare large bayfront assemblage: Two contiguous lots with ~126 feet of bay frontage.
- Development‑ready: Zoned for single‑family or up to 6‑unit multifamily development by right.
- High‑rise potential: Up to 4 stories by right, with potential for more via stepped setbacks.
Property Analytics
Property Profile
Current Use
Location Intelligence
Trade Area within ½ mile
382
Businesses Nearby
Explore this area
Business Placement
Demographics for 78597, TX
2,479
Population
5,895
Households
0.4
Avg Household Size
56
Median Age
53%
College-Educated
92%
High-School Grad
8.8 sq mi
ZIP Area
282
Density / Sq Mi
$61,357
Median Household Income
$36,843
Median Earnings
$1,421
Median Rent
$508,800
Median Home Value
Questions? Ask Rey
Realmo’s AI knows this listing — price, zoning, demand, history. Ask anything.
Frequently Asked Questions
What type of property is this?
Waterfront Land - Two contiguous waterfront lots on South Padre Island.
Where is this waterfront land located?
The property is located at 206 Mars South Padre Island, TX.
What is the asking price?
The asking price for this property is $3,500,000.
What are key features of this property?
This property features: Rare large bayfront assemblage: Two contiguous lots with ~126 feet of bay frontage.; Development‑ready: Zoned for single‑family or up to 6‑unit multifamily development by right.; High‑rise potential: Up to 4 stories by right, with potential for more via stepped setbacks.
